179 Austin Mill RdRogersvilleTN37857
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Rogersville at 179 Austin Mill Rd, Rogersville, TN, 37857 at $149,000 posts ROI 25.51% with $230/mo cash flow from $1,122/mo rent. Total monthly income equals $1,122/mo, and annual cash flow records $2,764/yr on $49,394 to close. Return on cash invested measures 25.51% and rental yield reads 9.04% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 132.66% and total cumulative return in cash totals $65,524.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37857, Rogersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 6,535 (65.9%) |
| Renter Occupied HU | 2,085 (21.0%) |
| Vacant Housing Units | 1,294 (13.1%) |
| Median Home Value | $182,508 |
| Average Home Value | $218,822 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
9,599
Multi-Family
122
Businesses
584
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Listed by: Eric Baker • Greater Impact Realty Kingsport
Mls Name: TVRMLS
Mls ID: #9989942